In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Private sector jobs grow by 190,000 in most recent ADP report
- Labor productivity growth rose sharply to 3.3 percent during second quarter of 2015
- Chicago PMI dipped in July but comments still reflect modest to strong growth
- Construction spending rose in July to over $1 trillion (annualized) for the first time since May 2008
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